Business
SNDL & 1CM Complete Purchase and Sale of 5 Retail Stores in Alberta and Saskatchewan
EDMONTON, Alberta and TORONTO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- SNDL Inc. (Nasdaq: SNDL, CSE: SNDL) (“SNDL”) and 1CM Inc. (CSE: EPIC) (OTCQB: MILFF) (FSE: IQ70) (“1CM”) are pleased to announce that SNDL has completed the acquisition of 5 cannabis retail stores located in Alberta and Saskatchewan from 1CM. The transaction represents the completion of the first closing pursuant to the amended and restated arrangement agreement dated December 15, 2025 (the “A&R Arrangement Agreement”). As previous
About this update from Sndl Inc.
[{"type":"image","alt":"SNDL Inc.","displaySize":"","headline":null,"caption":"SNDL Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":156,"url":"https://media.zenfs.com/en/globenewswire.com/a2e16d4245393fd29b69f4dbec1afb5d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/e9eekHXHI_Q2Ldf_IroeSQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIxODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/a2e16d4245393fd29b69f4dbec1afb5d","width":300,"height":156}},"lazy":false},{"type":"text","content":"EDMONTON, Alberta and TORONTO, Jan. 07, 2026 (GLOBE NEWSWIRE) -- SNDL Inc. (Nasdaq: SNDL, CSE: SNDL) (“SNDL”) and 1CM Inc. (CSE: EPIC) (OTCQB: MILFF) (FSE: IQ70) (“1CM”) are pleased to announce that SNDL has completed the acquisition of 5 cannabis retail stores located in Alberta and Saskatchewan from 1CM.","length":307,"tagName":"p"},{"type":"text","content":"The transaction represents the completion of the first closing pursuant to the amended and restated arrangement agreement dated December 15, 2025 (the “A&R Arrangement Agreement”). As previously announced, it is anticipated that the second (and final) closing will occur sometime in the first half of 2026, in respect of 27 additional cannabis retail stores located in Ontario, subject to obtaining the required regulatory approvals.","length":437,"tagName":"p"},{"type":"text","content":"ABOUT SNDL INC.","length":15,"tagName":"p"},{"type":"text","content":"SNDL Inc. (NASDAQ: SNDL, CSE: SNDL), through its wholly owned subsidiaries, is one of the largest vertically integrated cannabis companies and the largest private-sector liquor and cannabis retailer in Canada, with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds and Spiritleaf. With products available in licensed cannabis retail locations nationally, SNDL's consumer facing cannabis brands include Top Leaf, Contraband, Palmetto, Bon Jak, La Plogue, Versus, Value Buds, Grasslands, Vacay, Pearls by Grön, No Future and Bhang Chocolate. SNDL's investment portfolio seeks to deploy strategic capital through direct and indirect investments and partnerships throughout the North American cannabis industry. For more information, please visit www.sndl.com.","length":796,"tagName":"p"},{"type":"text","content":"ABOUT 1CM INC.","length":14,"tagName":"p"},{"type":"text","content":"1CM Inc. is a...